Fayetteville, AR 72701,797 Cherry Ln
Fayetteville, AR 72701,797 Cherry Ln
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PRIME REAL ESTATE & DEVELOPMENT

PRIME REAL ESTATE & DEVELOPMENT

+1(479) 571-1515
$ 675,000
Est. payment | /mo

1.02 Acres Lot

Save
$ 675,000
Est. payment | /mo
Save

1.02 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Fayetteville Outlots

MLS Listing ID 1331152

HOA Y/N No

Annual Tax Amount $1,112

Lot Size 1.020 Acres

Acres 1.02

Property Sub-Type Unimproved Land

Property Description

Zoned RI-U with no density restrictions, it allows zero-lot-line construction and flexible design. The site is cleared and prepped with a construction entrance, erosion controls, and tree-preservation barriers. City approval is secured for a 20-unit townhouse project, and engineering plans can transfer to the buyer or be customized. Located just ten minutes from the University of Arkansas and downtown Fayetteville, the property is positioned to capture strong rental demand from students and professionals. With low vacancy rates, steady rent growth, and utilities already on site—water, sewer, and electricity—this shovel-ready site reduces development costs and accelerates timelines. Overall, it represents a rare opportunity to deliver strong ROI, long-term appreciation, and multiple exit strategies in a high-growth market.

Location

State AR

County Washington

Community Fayetteville Outlots

Direction Left on S Cherry Ln from Huntsville, Property on left hand side

Exterior

Fence Partial

Utilities Available Natural Gas Available, Electricity Available

Waterfront Description None

View Y/N Yes

Topography Level

Road Frontage Public Road

Building

Lot Description City Lot, None, Open Lot, Level

Sewer Public Sewer

Water Public

Schools

School District Fayetteville

Others

Special Listing Condition None

Listed by Infinity Real Estate Group

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 11
  • 9

    Root Elementary School

    Public | KG - 5

  • 8

    Happy Hollow Elementary School

    Public | KG - 6

  • 8

    Vandergriff Elementary School

    Public | KG - 5

  • 6

    Leverett Elementary School

    Public | KG - 5

  • 5

    Washington Elementary School

    Public | KG - 5

  • 0

    Fayetteville Creative Schools

    Private | PK - KG

  • 0

    Montessori School

    Private | PK - 3

  • 0

    The New School

    Private | PK - 8

  • 0

    First School

    Private | PK - KG

  • 0

    Fayettville Christian School

    Private | PK - 12

  • 0

    St Joseph Catholic School

    Private | PK - 8

Middle Schools 2
  • 7

    Woodland Junior High School

    Public | 8 - 9

  • 7

    McNair Middle School

    Public | 6 - 7

High Schools 1
  • 8

    Fayetteville High School East

    Public | 9 - 12

School and business data provided by Attom Data.
PRIME REAL ESTATE & DEVELOPMENT

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(479) 571-1515

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4762 N Castlewood Lane, Fayetteville, Arkansas, 72764, United States

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797 Cherry Ln